Nope. If you're not setting up a scam, you're going to have to run the gauntlet of skepticism from worse than just me, so my advice is to sack up.
Oh, and by the way, IPO schemes are synonymous with scams, so I sure hope that you're not going to propose that.
Honestly, it looks to me like you're just a pessimist who has been burnt from another alt-coin in the past. This guy hasnt even said any details about this currency and you've already equipped the flame thrower.
No need to try and bring everyone else down because you have a problem.